I do not have the capital to do the entire flip myself, and am wondering if anyone has any advice or insight into this kind of deal and if there are any steps I should take to ensure i don't get screwed!!!

@Evan Kelleher Sorry as I didn't realize how strict the MA deposit rules are so the W-9 may be required in order to ensure the deposit account is "protected from creditors" so that would explain needing a W-9 or Social for the tenant.  

And poor bookkeeping makes it a distressed sale.

Not just to give lenders time, but it ensures that I have enough time to do my due diligence, find contractors, and put a schedule in place so that rehab can start immediately upon closing. 

Effective treatment is a collaborative process and tenants need to prepare properly to ensure effective treatment. 

My book keeper can log into those websites and get owner draw info, bill info etc. in the absence of a book keeper I was able to print out a year ending statement.

You'll need to ensure the mortgage company receives required information for the new insurance policy or it's a huge headache. 

@Grant RothenburgerRealtor, CPA, Bookkeeper, Insurance Agent,

Then they adjust the mill rate to ensure that the necessary amount is raised in total.The salient point is, if everyone's value increases, then it doesn't necessarily mean your particular tax bill will increase, in fact (somewhat counter intuitively) it might actually decrease, if your value didn't increase as much as other properties did.So that's why it's essentially to check out the other part of the equation and determine if the mill rate went down.Individual towns do have financial challenges (e.g., pensions/entitlements) coming up, and let's not forget that Central Falls did declare bankruptcy in the last financial crisis.

You should ensure that come tax time you take advantage of that.